HC Deb 30 April 1991 vol 190 cc126-7W
Mr. Dobson

To ask the Secretary of State for Trade and Industry what was the total sum paid out in fees to outside organisations in the furtherance of privatisation by his Department in 1979–80 and in each following year; and what is his estimate for 1990–91 and budget for 1991–92.

Mr. Leigh

The total sums paid out by my Department in fees to outside organisations in furtherance of privatisation since 1979 are shown below. As far as possible, the sums paid have been broken down by year, and between fees and commissions.

The costs of current privatisations, including fees paid to advisers, will be reported to Parliament after the sale is completed.

Year Fees Commissions
£ million £ million
1981–82 2.6 3.0
1984–85 74.6 94.4
1985–86 110.6
1986–87 17.9
1987–88 137.0
1988–89 24.6 22.9
1989–90 1.7 0.1
1990–91 10.1

1 Includes commission, if any.